The Presidential Candidate as Boss

One little-covered story this election season is the way the various presidential candidates — John Kerry, Hillary Clinton,  Mark Warner — are using their political action committees to win support for runs in 2008. I write about it here in my New York Sun column.

The story is a follow-up to a longtime interest of mine, money in politics. In a 2003 piece in The Atlantic Monthly, I forecast that the new McCain-Feingold campaign finance reform law, which banned soft money, would kill the Democratic Party. (The Democratic Party had heretofore relied heavily upon big-money donors to compete with the Republicans.) What I didn’t anticipate was the rise of Howard Dean and liberal bloggers, such as Daily Kos, who would transform the political scene.

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